A number of investors buy a property that is sold (or ‘turned’) within a relatively short time frame.  New promotions or Off-Plan developments are properties that are in the conceptual or early stages of development.  Completion can be between 18 months and 3 years from the date of release and most properties are discounted way below market value to attract investors. 

Historically, investors have made very lucrative gains from such acquisitions.  Being ready to invest at the earliest stage of release is key.  By ‘cherry picking’ the best units, investors have guaranteed themselves an easy, quick and profitable future re-sale.

With entry levels as low as 10% of the sales price, investors will, in some cases, have no further payments until completion, when the balance is usually financed with competitive mortgages.

Sea Point Villas are extremely selective in what we promote, carefully selecting only projects from reputable developers, with iron-clad bank guarantees, good facilities and infrastructure, as well as location.